Who Is Manav Sardana? Meet the entrepreneur who bought Rs 271 crore DLF Penthouse

Entrepreneur Manav Sardana has made headlines after purchasing a luxury penthouse at DLF’s ultra-premium project, The Dahlias, in Gurugram. The property deal, reportedly worth Rs 271 crore, is among the most expensive single-home property transactions reported in India. The deal is being reported as one of the most expensive single-home property transactions in India so far. It also highlights how demand for ultra-luxury homes continues to grow among wealthy buyers. 

Located in Sector 54 along Golf Course Road, The Dahlias is known for its high-end homes, large spaces and luxury lifestyle. Sardana’s purchase also puts the spotlight on the growing demand for premium homes among India’s wealthiest buyers.

Who Is Manav Sardana?

Manav Sardana comes from the well-known Sardana business family of Delhi-NCR, which has a business legacy of more than 100 years. The family is closely associated with Imperial Auto Industries, an automotive components company co-founded in 1969 by his father, SB Sardana, along with Jagjit Singh.

Based in Faridabad, Imperial Auto manufactures products used in the automotive and off-highway sectors. The company grew into a major player in its industry before global private equity firm Warburg Pincus acquired a stake in the business.

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Manav Sardana has been associated with the family business and continues to have links with several companies connected to the Imperial Auto group. Public records show that he is a director in more than a dozen companies, including Imperial Silicon Private Limited, Kreuz Hydraulics Private Limited and Imperial Martor Engine Tubes Private Limited.

Rs 271 Crore Home in Gurugram

Sardana’s new home is located at DLF The Dahlias, situated in Sector 54 along Gurugram’s Golf Course Road. The penthouse has a reported super area of around 17,200 sq ft and a carpet area of approximately 10,500 sq ft.

At Rs 271 crore, the property comes to nearly ₹1.58 lakh per sq ft based on the super area. On the carpet-area calculation, the price is around ₹2.6 lakh per sq ft.

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Inside DLF The Dahlias

DLF launched The Dahlias in October 2024 as a 17-acre super-luxury residential development in DLF Phase 5. The project has around 420 apartments and penthouses, with regular apartments reportedly priced between ₹100 crore and ₹170 crore.

The project is designed for buyers looking for large homes, privacy and premium amenities. DLF expects The Dahlias to generate more than ₹40,000 crore in revenue and has already sold a large share of its units.

Why Luxury Real Estate Is Growing?

The deal reflects a larger trend in India’s luxury housing market. Since the pandemic, wealthy buyers have shown growing interest in spacious and exclusive homes.

Gurugram, especially areas around Golf Course Road, has emerged as one of the preferred destinations for luxury housing. DLF’s earlier project, The Camellias, also helped establish the area as one of India’s most premium residential addresses.

For buyers like Manav Sardana, ultra-luxury real estate is not just about owning a home. It is also about location, space, privacy and exclusivity, making properties like The Dahlias a growing part of India’s high-end lifestyle market.

- PTC PUNJABI